Consolidated Fund

Available to every parish and organization in the Episcopal Diocese of Pennsylvania, the Consolidated Fund is a common trust fund similar in design and function to commercial trust financial institutions.

By pooling church and diocesan assets, the Consolidated Fund delivers a solid investment platform with collective power that offers greater opportunity for growth to all parishes and organizations in the diocese.

The Church Foundation provides excellent customer service. I also enjoy the clear, concise and timely reports that TCF provides on a monthly and quarterly basis. The Episcopal Diocese of Pennsylvania

Benefits:

• Competitive Rate of Return - Low financial risk while still providing a competitive rate of return

• Distributions - Regular distribution payments for participants

• Low cost - Management fees calculated to cover administrative and operational costs only

• Professional Management - Fiduciary oversight guided by a skilled investment team committed to providing a long-term source of cash flow through a diverse mix of investments that includes high-quality domestic and global equities and fixed income

• Purchasing Power - Access to investment management services unavailable to many individual church-related institutions

Policies:

• Accounts - Participants may set up any number of accounts (funds) within the Consolidated Fund; quarterly statements indicate account balance and fund performance

• Allocations - A proportionate share of gains or losses and fees are applied to each participant’s account

• Contributions and Withdrawals - Participants may deposit or withdrawal in accordance with governing documents

• Distributions - Distributions are paid quarterly while alternative distribution requests can be accommodated

• Fees - Management fees are assessed quarterly and reviewed annually

How It Works

The Consolidated Fund is a common trust fund similar in design and function to those maintained by commercial trust companies and banks.

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